Comment Text:
i0-001
COMMENT
CL-07006
From:
Sent:
To:
Cc:
Subject:
Keith Weinstock
Friday, March 12, 2010 8:48 PM
secretary
[email protected]
RIN 3038-AC61
I am totally disgusted at this regulation to change the leverage limit to 10:1 with a margin requirement
of $10,000.00!!!! Who is behind this titanic stupidity? This will not only erase any hope of the layman
who trades to supplement his income utilizing proven and learned methods but you then become racist
in the class of person who can afford this with your limited leverage and increased margin
requirements! This then becomes a tool only for the wealthy and large brokerage firms, it must be that
the average layman is becoming savvy and making money so someone has to destroy another hope to
make a decent living trading for the average trader who can then become an excellent trader, the
stupidity of this attempted change show exponential stupidity and a lack of concern for the general
public. Please refuse this change as it will affect many who have worked hard to start from scratch and
destroys the American Dream, please wake up to your FOOLISHNESS!!
Keith Weinstock
soon to be ex-Forex Trader
if this is allowed.